Carvana (NYSE:CVNA) Stock: Insider Thomas Taira Sells 5,597 Shares

Carvana Co. (NYSE:CVNA) insider Thomas Taira sold 5,597 shares of the firm’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $65.00, for a total transaction of $363,805.00. Following the sale, the insider directly owned 357,442 shares of the company’s stock, valued at $23,233,730. This trade represents a 1.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Thomas Taira also recently made the following trade(s):

• On Monday, September 14th, Thomas Taira sold 16,789 shares of Carvana stock. The shares were sold at an average price of $70.58, for a total value of $1,184,967.62.

Carvana Stock Performance

CVNA stock opened at $58.00 on Thursday. The stock has a market capitalization of $63.82 billion, a PE ratio of 32.08, a price-to-earnings-growth ratio of 1.74 and a beta of 3.55. Carvana Co. has a 12-month low of $54.46 and a 12-month high of $97.38. The company has a current ratio of 3.93, a quick ratio of 2.33 and a debt-to-equity ratio of 0.94. The stock’s 50 day simple moving average is $68.45 and its 200 day simple moving average is $68.59.

Carvana (NYSE:CVNA) last issued its earnings results on Wednesday, July 29th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.39 by $0.03. The business had revenue of $7.38 billion for the quarter, compared to the consensus estimate of $6.90 billion. Carvana had a return on equity of 37.06% and a net margin of 6.26%. The company’s revenue was up 52.4% compared to the same quarter last year. During the same period last year, the business posted $1.51 EPS. As a group, research analysts forecast that Carvana Co. will post 1.67 earnings per share for the current fiscal year.

More Carvana News

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Carvana expanded same-day vehicle delivery to the greater Jacksonville area, potentially improving customer convenience, delivery speed and local sales conversion. Carvana Expands Same-Day Delivery to Jacksonville
• Positive Sentiment: The company extended its multi-year partnership with Rush Soccer and launched a youth soccer scholarship fund. The initiative may strengthen brand awareness, although its direct financial impact is likely limited. Carvana and Rush Soccer Extend Partnership
• Positive Sentiment: Carvana’s Orlando expansion includes additional inspection and reconditioning operations, which could increase vehicle-processing capacity and support faster inventory turnover. Why Is Carvana Expanding Its Orlando Site?
• Neutral Sentiment: Analyst commentary remains broadly favorable, with Carvana retaining a “Moderate Buy” consensus and an average price target above recent trading levels. However, the stock’s high beta and elevated earnings multiple leave it sensitive to changes in growth expectations. Analysts Offer Insights on Carvana
• Negative Sentiment: Investors are questioning whether Carvana’s valuation is justified after the Orlando investment. The expansion could support long-term growth, but it also raises near-term spending and execution concerns. Carvana Stock Could Be Pricey After Orlando Expansion
• Negative Sentiment: Insider Thomas Taira sold 5,597 shares worth approximately $363,805 under a pre-arranged Rule 10b5-1 plan. The scheduled nature reduces its significance, but the sale can still weigh on sentiment. Carvana Insider Sale SEC Filing

Hedge Funds Weigh In On Carvana

Several hedge funds and other institutional investors have recently modified their holdings of the company. SJS Investment Consulting Inc. boosted its holdings in shares of Carvana by 29.8% in the first quarter. SJS Investment Consulting Inc. now owns 183 shares of the company’s stock worth $58,000 after buying an additional 42 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Carvana by 152.6% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 96 shares of the company’s stock valued at $30,000 after buying an additional 58 shares during the last quarter. Meeder Advisory Services Inc. increased its holdings in Carvana by 3.9% during the first quarter. Meeder Advisory Services Inc. now owns 1,993 shares of the company’s stock valued at $627,000 after buying an additional 75 shares during the last quarter. Motiv8 Investments LLC purchased a new stake in Carvana during the fourth quarter valued at approximately $33,000. Finally, Ascentis Independent Advisors purchased a new stake in Carvana during the first quarter valued at approximately $26,000. 56.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on CVNA. DA Davidson set a $67.00 price objective on Carvana in a research report on Thursday, July 30th. Jefferies Financial Group set a $88.00 price objective on Carvana and gave the stock a “buy” rating in a report on Tuesday, September 29th. Royal Bank Of Canada set a $82.00 target price on Carvana and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Stephens restated an “overweight” rating and set a $83.00 target price (down from $91.50) on shares of Carvana in a research note on Tuesday, October 6th. Finally, Oppenheimer set a $90.00 price target on shares of Carvana and gave the company an “outperform” rating in a report on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $83.13.

Carvana Company Profile

Carvana Co is an online used-car retailer that enables customers to research, purchase, finance, trade in and sell vehicles through its digital platform. The company’s services are designed to allow customers to complete much of the vehicle-buying process online, including selecting a vehicle, arranging financing, completing documentation and scheduling delivery or pickup.

Carvana offers a broad selection of used cars, trucks and sport utility vehicles. Its platform includes vehicle listings with photographs and inspection information, while its operations support vehicle reconditioning, logistics and customer delivery.